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but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it remains to be seen what the faa comes up with. to some extent the faa is, indeed, reacting to public pressure and public concerns and so i'm not sure that the faa officials themselves at this point really know what direction they want to head in. they are going to look at the data and that could take i would say several months, at least. >> andy pasztor from the "the wall street journal", thank you. >> thank you. >> brown: this week provided a glimpse of the latest in technology and high-end gadgets at the annual consumer electronics show, which wrapped up today in las
but this is an extremely important turning point for boeing. could be an extremely important turning point, of course, depending how the review turns out and what they find. >> warner: do we know when the review will be done? >> no. the faa has been very careful not to sketch out a time line for it. boeing says it's cooperating with the review and has its experts working on it. i understand from people i talk to that boeing was quite resistant in the beginning to this idea but it...
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it has been a different start to the year for boeing 787 dreamliner, first an electrical fire on the tarmac at boston's logan international airport. then a fuel link on another plane a day later. and overnight, cracks forming in the windshield of a 787 in flight during a flight over japan. this morning, the faa announcing it is opening an investigation into the aircraft. and how it is made. that announcement comes as silicon valley welcomes its first dreamliner to the san jose airport. >> it arrived after 9:00 a.m. and in less than an hour it will take a new flight of passengers bound for tokyo. in about 25 minutes. nbc bay area's bob riddell is live with more. >> reporter: good morning, marla and laura. there was a ceremony that just wrapped up with the mayor, with the ambassador, u.s. ambassador to japan and the airport's make namesake. at gate 15 to kick off the inaugural flight. all nippon airways flight 1075, the first nonstop flight between here and tokyo to leave in about 30 minutes, the five day-a-week schedule is significant for several reasons. one is the plane itself. the
it has been a different start to the year for boeing 787 dreamliner, first an electrical fire on the tarmac at boston's logan international airport. then a fuel link on another plane a day later. and overnight, cracks forming in the windshield of a 787 in flight during a flight over japan. this morning, the faa announcing it is opening an investigation into the aircraft. and how it is made. that announcement comes as silicon valley welcomes its first dreamliner to the san jose airport. >>...
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right now, the boeing 787 is not exactly living the dream. it instead after years of delays, the most technologically advanced airliner has hit some bumps. monday, a fire ignited on board the airplane in boston, and there's been an oily, problems with the brake system, and a cracked a cockpit window. today it was announced the faa would review the airplane, but the authorities stress their belief in its safety. are these just bumps to the road or part of a big problem? joining me earlier, i spoke with paul, who is an expert in aviation. thank you very much for coming in. there is a mixed message from the u.s. regulators. they say the airplane is safe, but they are reviewing its safety. what do you make of that? >> i think the faa wants to assure the public this airplane has met the standards. they're putting together a team to look at it. none of these events look connected. any new aircraft faces these kinds of problems often. when the 777 was introduced, it had problems. it has flown 17 years without a fatality. the 1-380 had cracks in its
right now, the boeing 787 is not exactly living the dream. it instead after years of delays, the most technologically advanced airliner has hit some bumps. monday, a fire ignited on board the airplane in boston, and there's been an oily, problems with the brake system, and a cracked a cockpit window. today it was announced the faa would review the airplane, but the authorities stress their belief in its safety. are these just bumps to the road or part of a big problem? joining me earlier, i...
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the problem is that boeing has 800 of these things on order. so that's where the problem starts coming in if people say, yeah, i don't really want this plane. but i will tell you this, plane is fascinating. the dream liner is more highly pressurized than a normal plane because it's made of composite materials which means it feels more like earth which means you don't feel the effects of flying as much, it's humidified, lighting control, comfortable, quiet, fuel efficient. so people have bought this plane and haven't taken orders, they want this to work. and new plane introductions do take a long time. it does take a couple of years. the problem with this one is it was just mired in problems for so long that more problems make it that much more troublesome. >> and if you get a bunch in a week, it will have an impact. ali, always good to chat. looking dapper at always. >> thank you, sir. >>> we have news coming into us, the venezuelan vice president, ma maduro, he's heading to havana in a few hours to see chavez. chavez missed his will inaugurati
the problem is that boeing has 800 of these things on order. so that's where the problem starts coming in if people say, yeah, i don't really want this plane. but i will tell you this, plane is fascinating. the dream liner is more highly pressurized than a normal plane because it's made of composite materials which means it feels more like earth which means you don't feel the effects of flying as much, it's humidified, lighting control, comfortable, quiet, fuel efficient. so people have bought...
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abc news reporter has more from washington, d.c.. >> called the dream liner, boeing 787. and it has the most cutting edge technology in the sky. but recent incidents raised warning flags. officials announced a comprehensive review. critical systems of the aircraft including design, manufacturing, and assembly. >> boeing's newest aircraft, dream liner remains on electrical signals. it is made with carbon fiber instead after lum anymore allowing to it get better fuel mileage. officials insisted the plane is safe but in last week, significant causes for pmp three foot long crack in the cockpit wind yof a 76 767 -- 787 flying in japan. also, this week a boston to tokyo flight delayed due to a fuel leak but if issues with the systems raised most concern. >> it's a very good battery. we're not sure what happened witness. >> some said a big issue for boeing is that it outsourced more manufacturing process than it had for other parts of the fleet. >> these are not an issue of the out sourcing. >> during a review, dream liner can continue to fly. >> we believe this is a safe aircr
abc news reporter has more from washington, d.c.. >> called the dream liner, boeing 787. and it has the most cutting edge technology in the sky. but recent incidents raised warning flags. officials announced a comprehensive review. critical systems of the aircraft including design, manufacturing, and assembly. >> boeing's newest aircraft, dream liner remains on electrical signals. it is made with carbon fiber instead after lum anymore allowing to it get better fuel mileage....
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but, boy, this is an embarrassing week for boeing. make sure you watch us for more in depth coverage. tune into "your money" saturday 1:00 p.m. eastern, sunday, 3:00 p.m. eastern. that's it for me. same time on monday. i'm out. . >>> weather in australia. it's known for being extreme. we have been telling you about those fires that is still burning through the country's southeast but now we have this. take a look at these amazing pictures. on the western side of australia. there's a huge red wall of dust caused by a cyclone. chad myers is here, as always, to walk us through pictures of this. it was caused by the kite clone but the kite clone was far away? >> yes, the cyclone, typhoon, hurricane, same thing but different ocean. different direction because it's in the southern hemisphere. irrelevant. on the outside, the outer bands that we talk about, one had a pretty good thunderstorm and one thunderstorm put down this gust front that we call that. and the gust front just blue all of blew this dust into the sky. the dirt is red. just l
but, boy, this is an embarrassing week for boeing. make sure you watch us for more in depth coverage. tune into "your money" saturday 1:00 p.m. eastern, sunday, 3:00 p.m. eastern. that's it for me. same time on monday. i'm out. . >>> weather in australia. it's known for being extreme. we have been telling you about those fires that is still burning through the country's southeast but now we have this. take a look at these amazing pictures. on the western side of australia....
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but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you roll out a brand-new plane that you've really designed from scratch. >> all right, tom costello, dulles airport, outside dc. tom, thanks. >>> still ahead as we continue on a friday night, how about arming teachers in the classroom. how do parents feel about that as a protection in the post newtown era? >>> and later, critical mass over the new portrait of a princess. we'll have the harsh reaction and proof this isn't the first time a depiction on canvas hasn't gone over so well. >>> a colorado judge today delayed the formal arraignment of a
but it is embarrassing for boeing. of course, this is a huge employer in the country, and they have already sold 850 of these planes. they want to sell 5,000 over the next 20 years, brian. >> and tom, assuming they stay in the air for this process, as folks see 787 on their reservation printout, how should the flying public feel about it? >> reporter: every analyst i've talked to, every cockpit pilot, says they believe this plane is safe. this is just something that happens when you...
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. >> federal regulators announced they are ordering a comprehensive review of boeing 787 dreamliner as the jet is making the inaugural flight from san jose international airport this morning. the f.a.a. has scheduled a news conference later this morning to officially make the announcement. four dreamliners have had problems this week alone including the latest this morning in japan when a crack was discovered in one of the layers of a window. nippon is scheduled to start nonstop from san jose to tokyo with 10:00 a.m. arrival of a new dreamliner jet. >> there could be flight delays this weekend at san francisco international airport when it closes one of the runways from 10:00 tonight until 8:00 monday morning the first of several weekend runway closures to accomplish construction activity for federally mandated runway safety requirements including installing new lighting systems and 1/2 gigsal aids. during the closing the arrival rate will be reduced from 60 aircraft an hour to 30 aircraft per her and flight delays are expected to occur during the height of the travel times like when t
. >> federal regulators announced they are ordering a comprehensive review of boeing 787 dreamliner as the jet is making the inaugural flight from san jose international airport this morning. the f.a.a. has scheduled a news conference later this morning to officially make the announcement. four dreamliners have had problems this week alone including the latest this morning in japan when a crack was discovered in one of the layers of a window. nippon is scheduled to start nonstop from san...
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stuck 2 1/2% on friday and boeing, i'm sorry, the f.a.a. investigation we've got to see, really will be far reaching much more than people realize and focus on the electronic distribution and the mechanic systems and how they interact and it will go much further than that. one analyst was saying, boeing is more exposed than normal, because something else could come up as a result of it. and that could affect the company negatively. but the second analyst said maybe it could help lift the tarnished reputation that boeing has. it's rough around these parts for year and passengers also very concern, really, about getting on board the plane, because it's been a new plane and a lot of passengers and the range of the plane could actually take passengers, and maybe really given it the commercial appeal that boeing hopes it would have. all in all. both passengers and the company and of course the economy, jobs, could be affected in here, it's a massive issue, kelly, back to you. >> that's quite a bit. dominic di-natale. thank you. >> jamie: stay aw
stuck 2 1/2% on friday and boeing, i'm sorry, the f.a.a. investigation we've got to see, really will be far reaching much more than people realize and focus on the electronic distribution and the mechanic systems and how they interact and it will go much further than that. one analyst was saying, boeing is more exposed than normal, because something else could come up as a result of it. and that could affect the company negatively. but the second analyst said maybe it could help lift the...
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the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> today, emp
the faa is saying it will team up with boeing engineers to launch a top revee of the issues plaguing the 787 dreamliners. it experienced a handful of mishaps. ray la hood says the planes are safe and he would fly on a 787. >>> kate middleton said her first official portrait is amazing and it was unveiled today. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global...
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>>> plus just hours from now boeings dream liner will begin its service from san jose. but we have breaking news about the safety of that jet. all ahead on ktvu channel 2 morning news. >>> good morning. welcome to friday it's january 11th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. steve paulson is here. definitely cold. freeze warning all day? >> it's cold enough. no doubt about it. another day we could get up pop up showers again. little system coming into the northern part of the state. you can see that. again it favors areas to the west. upper 40s and low 50s. >>> good morning. we're looking at a live picture of eastbound interstate 80 where the lanes are clear here on 80. but a little after 3:00 this morning was much different story. a car hit the center divider near the ashby avenue exit and spun out. it was broadsided by an on coming car. two other cars were tangled up in the crash. the driver of the first car was a man. we're waiting to hear the extent of his injuries. one thing we do know it took awhile for this to clear up. more
>>> plus just hours from now boeings dream liner will begin its service from san jose. but we have breaking news about the safety of that jet. all ahead on ktvu channel 2 morning news. >>> good morning. welcome to friday it's january 11th i'm dave clark. >> and i'm pam cook. thank you for joining us this morning. steve paulson is here. definitely cold. freeze warning all day? >> it's cold enough. no doubt about it. another day we could get up pop up showers again....
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has to renegotiate with boeing. it is reported that boeing bid they bid very competitively to get that contract. do you think we're in a good position to maintain such a competitive price or is boeing going to walk out in a better position perhaps not losing money on the contract anymore. there are some areas that it is going to be bad for d.o.d. if they have to receiver -- sequester these accounts. >> so the short term is on them. probably be a severe cut back in training and that sort of thing? >> some of the options you have to look at if you have live fire training exercises scheduled for the remainder of the year you can delay it to the next fiscal year. if you have major main tins of systems that you were set to begin you can delay that into the beginning of the next fiscal year. you can do a lot of delaying and you can get away with that perhaps in one year. but now you have a backlog building next year. if think stays in effect you have less funding the year after that so the backlog starts to build. it will
has to renegotiate with boeing. it is reported that boeing bid they bid very competitively to get that contract. do you think we're in a good position to maintain such a competitive price or is boeing going to walk out in a better position perhaps not losing money on the contract anymore. there are some areas that it is going to be bad for d.o.d. if they have to receiver -- sequester these accounts. >> so the short term is on them. probably be a severe cut back in training and that sort...
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faa will hold a news conference announcing it will review the latest electrical issues related to the boeing 787 dreamliner. the new plane experienced three problems this week alone, including an electrical fire. >>> good news coming from ford, which plans to hire 2200 new white collar workers, including engineers and computer programmers. the hiring will happen this year as demand for new vehicles is picking up. >>> bad news coming from american express, which plans to shave about 5400 jobs. most from its travel business as more customers book trips online. >>> scholastic has donated about 1 million new books to schools in new york and new jersey that were ravaged by hurricane sandy. >>> did shell oil move a rig? shell is denying the accusations saying that the rig was moved because of weather conditions. >>> and if you haven't started planning your summer vacation, you better get started. according to flipkey.com, inquiries for summer property rentals have risen 40% just the past month alone. >>> tim tebow snubbed again. reverend al sharpton teams up with tyler perry on a cold case. plus,
faa will hold a news conference announcing it will review the latest electrical issues related to the boeing 787 dreamliner. the new plane experienced three problems this week alone, including an electrical fire. >>> good news coming from ford, which plans to hire 2200 new white collar workers, including engineers and computer programmers. the hiring will happen this year as demand for new vehicles is picking up. >>> bad news coming from american express, which plans to shave...
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this one here, they seem to be coming all at once. >> boeing is used to winning. it is america's biggest exporter. in many ways, america's most important company. a symbol of national pride. with a federal review of its plane, the future of boeing's signature aircraft is in jeopardy. erin? >> thanks very much to sandra. >>> prosecutors say a tv host prayed on hundreds of victims, children. >>> the man who allegedly massacred moviegoers in colorado. his lawyers say he is mentally ill. that could mean one day he is walking free. >> i'm a little passion nat about this. i don't want to see this guy get out on the streets because my son is already dead. 1-800-345-20 plus deposit checks with mobile deposit. tdd#: 1-800-345-2550 and manage your cash and investments tdd#: 1-800-345-2550 with schwab's mobile app. tdd#: 1-800-345-2550 no wonder schwab bank has grown to over 70 billion in assets. tdd#: 1-800-345-2550 so if you're looking for a bank that's in your corner, tdd#: 1-800-345-2550 not just on the corner... tdd#: 1-800-345-2550 call, click or visit to start banking
this one here, they seem to be coming all at once. >> boeing is used to winning. it is america's biggest exporter. in many ways, america's most important company. a symbol of national pride. with a federal review of its plane, the future of boeing's signature aircraft is in jeopardy. erin? >> thanks very much to sandra. >>> prosecutors say a tv host prayed on hundreds of victims, children. >>> the man who allegedly massacred moviegoers in colorado. his lawyers say...
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the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great. i love that. i don't like to have to drive to sfo. so that is good for me. >> reporter: nan will be flying to tokyo five days a week. it's the first direct flight from san jose to asia in six years. it's also the first airport in the bay area to have this dream liner that has been touted as technologically advanced and fuel efficient. coming up later in the morning the media is supposed to be giving a tour of the aircraft. there will be several transportation officials as well as people from ana. we plan on asking them about the latest development. reporting live from san jose janine de la vega. >>> vice pr
the faa will be holding a news conference to launch a major review of the boeing 787 boeing dream liner. this week there were numerous problems reported with the aircraft. one flight had to be canceled because of brake lines with the plane. on monday a dream liner operated by japan airlines had an electrical fire broke out in its battery. this has spark concerns and put a damper on the air sport here. >> i think the more convenient international flights we have here locally is great. i...
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boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane crashed in buffalo, new york. before that nothing since 2006. and consider that on average nearly 2 million people fly domestically every single day. the airline industry does have something to crow about. violence, video games and the vice president of the united states. joe biden met today with members of the video gaming industry to prevent mass shootings a lot of disagreement about the best solution. do would need video game restrictions? more gun control? something else entirely? some combination? they're working on it. the details ahead. a chan
boeing has sold more than 800 dream liners. they started delivery just over a year ago pause of delays and cost overrun some analysts think it will be several years before turn a profit that is base odd an quick revolution to these problems. >> >> the truth is it is exceptionally safe to fly these days. the statistics are asounding. according to the national transportation safety board, there has not been one major commercial airline crash in our country since 2009 when an airplane...
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any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that everyone is walking around. is it so serious that there's a real safety risk and the answer is no of course there are issues. they will be fixed but the faa says it's safe, the experts that i've spoken with say it is safe. wolf, you buy me a ticket and i'll board a dreamliner across the country. >>> bill richardson just rern returned from north korea. with a new leader, is anything any different? my conversation with bill richardson when we come back. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those da
any compensation will be paid by boeing, any changes that need to be taken will be paid by boeing. the price for the planes has already been set. the only people that will feel the pinch ultimately will be boeing shares. >> better to err on the side of safety. god forbid, worst case can scenario, richard, would be some sort of crash, some sort of disaster, fire on board, injuries, something along those lines. >> you have gone straight to the elegant in t elegant elephant that...
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. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was three years behind schedule. the 787's maiden flight was touted in 2007. but after four years of troubling delays, its first flight finally took off on an overcast day in seattle. at first, airlines fell in love. 57 companies ordered the dreamliner at a cost of more than $200 million each. but the plane is struggling, just this week, a fire, a fuel leak, an electrical malfunction and a cracked cockpit window were found on different dreamliners. the faa is now reviewing the plane's certification. >> there've been no common denominator between the incidents, so it
. >> boeing's dreamliner was for years just that. a plane made of plastic, a fuel sipper with huge windows, big seats, the plane of the future. >> it was supposed to be, you know, the best thing since sliced bread. >> but a totally new plane run almost entirely by electronics didn't just push the limits and change aviation, it created a whole new learning curve for the industry. the dreamliner was delayed and struggled from day one. the first dreamliner delivered in 2011 was...
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has a news conference on the boeing 787 dreamliner after incidents including a cracked cockpit window on a flight in japan. united has no plans to ground their six dreamliners. if you want to score a deal or phone at walmart, the sale of iphone 5 for $127 ends tomorrow and is replaced by a no contract version over the straight talk [ fingers tapping ] [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of yoplait light, now at 90 calories each. yoplait, it is so good! >> welcome back at 5:124. military veterans are helping replace a bronze plaque stolen from a war memorial in petaluma. veterans and supporters have donated $9,000 so far to pay for a new more secure monument. the plaque honored 15 service member killed in the vietnam war. police say it was probably stolen in the days before christmas by thieves who wanted to sell the bronze for scrap. >> the f.d.a. is requiring makers of ambient and other sleeping pills to lower the dosage because you have a higher risk of injury because of increa
has a news conference on the boeing 787 dreamliner after incidents including a cracked cockpit window on a flight in japan. united has no plans to ground their six dreamliners. if you want to score a deal or phone at walmart, the sale of iphone 5 for $127 ends tomorrow and is replaced by a no contract version over the straight talk [ fingers tapping ] [ rain pattering ] [ heels clicking ] [ female announcer ] yoplait light tastes great now... ♪ ...and feels great later 20 delicious flavors of...
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boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines has taken a couple of them here. united continental has taken delivery of these planes. they've delivered 49 of these planes. it's important to note here why there are questions about these planes, nobody has canceled an order for them yet. they are expecting at boeing for this to be the next big product for them. however, production delays, design problems have plagued the production of this very important phra*eufpb for th plane for the company. just last month the faa put out a directive to airline who had bought this thing sayin
boeing stock is taking a hit. jeri will list is the host of the business report on the fox business network and skwroeupbgs us now. >> reporter: the stock fell 3% yesterday, it's up today as people take in the news about the dreamliner. it is a critical product for boeing. they put a lot of money into it. it's technologically advanced made out of lightweight carbon fiber, it's supposed to save on fuel costs over time. they have 800 orders for these airplanes. as you know japan airlines...
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but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i think we can show awe graph there. you can see how rough the past few years. we'll give you an idea how it might affect the company longer term. here is the maker of europe's air bus, the rival. the dips that collate with the super jumbo. every time you see a dip, that relates to the problems. is that going to play out for boeing as the problems crop up during the investigation? let's take a brief step back, the problem at boeing is really that they have with the dreamliner is what we saw when they launched the triple 7. the triple 7 now is r
but also clearly big deal for boeing itself. these scares called into question not just the jet liner's design, but also quality control in boeing's manufacturing processes. the faa investigation is underway, could be a setback for the company given boeing's had mixed fortunes in recent years. the probe can often uncover many other problems. not good news all around. the 787 is too important to u.s. jobs and export to be ignored and the company's stock took a hit as a result, down 2 1/2%. i...
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lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at wells fargo. profits hit a record high. that is good. they are not doing as many mortgages. they are the nation's biggest lender. you can see it is down by one and a quarter percent. cheryl: how did last year's drought play out? jeff: it was pretty wild in here today. five of the past six years, this has been a limit move. take a look at what it was. we had, i think, scott shall indeed, a 26-point move. >> we had a pretty big range. jeff: this crop report is definitely a mover. take a look at this. this is the usda world agriculture supply and demand. it is down 13% on the year. acr
lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at...
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. >>> a troubling week for boeing after problems surface in several of its 787 dreamliner planes. little bit later on in this hour, the faa will announce an investigation. >>> 13 minutes past the hour. the man accused of killing 12 people inside a colorado theater last summer could enter a plea this morning at his scheduleed arainment. colorado judge ruled there is enough evidence for james holmes to stand trial on all 166 counts including first-degree murder. >>> planned parenthood in texas heads to court today, the group wants a federal judge to allow it to be part of the state's revamped women's health program under a new state law texas noening loer funds women's health clinics affiliated with abortion. that state law disqualifies texas from getting federal money for women's health and since federal money makes up a huge chunk of planned parenthood's budget the law effectively shuts down all the group's work in the state. >>> ford says it's adding 2,200 white collar jobs in the united states this year, that's the automaker's biggest hiring in a decade. spokesman says a signifi
. >>> a troubling week for boeing after problems surface in several of its 787 dreamliner planes. little bit later on in this hour, the faa will announce an investigation. >>> 13 minutes past the hour. the man accused of killing 12 people inside a colorado theater last summer could enter a plea this morning at his scheduleed arainment. colorado judge ruled there is enough evidence for james holmes to stand trial on all 166 counts including first-degree murder. >>>...
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>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same thing, that they are completely safe. it remains to be seen what reports will say. >>> new survey says a third of the universities out there expect tuition to either decline or grow slower than inflation. should parents start celebrating that? >> analysts say don't open up the champagne just yet. the reason why, because of the economic uncertainty, and in job uncertainty, people -- students especially, less interested in four-year colleges, tuition rise 2.6% to 2.7%, less than the everyone 6.7% it usually goes up. but analysts say because tuition is only going up a very sma
>> the dreamliner was supposed to be boeing's sort of phoenix rising. it really was this plane that was going to be this great thing. rolled out in 2011. in the last week, it's been wrought with problems. it's kept these airplanes, these 787s grounded. the faa will go in and investigate the electronic components because of the fuel efficiency, made with lighter materials, but relies on the electronic components. bowing is opening up their airplanes to be investigated. saying the same...
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boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key, though. they're not shutting the jet down. this is not an airworthiness issue. the jet will continue to fly. but it matters because so many airlines are counting on this jet with its larger fuel range to add new revenue streams for them. and if these problems continue, boeing has already faced a bit of a stock hit. some of the airlines could get hit as well, guys. a big story to continue to watch. american express laying off 5,400 workers, 8% of their work force. >> let me stop you there. yesterday we had more bad news coming out of -- >> morgan stanley.
boeing. special review from the faa on the 787 dreamliner. they want to investigate the power stps of the jet. this is a big story. the 787 is boeing's new carbon fiber plane, completely new design and engineering from any plane in history, and it has had its lion's share of problems. the last couple weeks you've had fuel leaks, battery fire issues, now a cracked cockpit window in japan. that out overnight. the faa says, listen, we're going to do a special review of this jet. here's the key,...
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something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of conflict, if you will, were planted early. president obama has been targeting lobbying groups like the chamber since the day he announced his white house run. >> they write the checks, you get stuck with the bill. they get the access while you get to write a letter. they think they own this government, but we're here today to take it back. the time for that kind of politics is over. it is through. >> despite that, the relationship actually started off on a somewhat positive note. the chamber broke with republicans early on in obama's presidency and backed the
something boeing is going to be very, very nervous about. all right, the political tug of war, between the president and the u.s. chamber of commerce has come to exemplify what you might call this administration's love-hate relationship with big business. and it's our deep dive today, a relationship that will be tested again in the upcoming battle over spending and the debt and the debt ceiling. today that deep dive into the battle between these two political heavy weights. the seeds of...
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as a company boeing remains very profitable. it has about $20 billion on hand and 4200 airplanes on back order but, it could be facing some labor problems as well. negotiations with its engineers have stalled and a strike vote we are told could come as early as next week, bill? bill: dan, something to watch. the hearing continues or rather the statement continues in washington. dan spring in seattle. a bit more context on boeing and its dreamliner. more than 800 are on order by 58 customers. the plane's wingspan tops 197 feet. that is 2/3 of a football field. a look at boeing last year delivered a total of 601 overall. that is the most since 1999 and the first time in a decade that it surpassed airbus in deliveries. 36 past the hour. martha: back to politics now. long-time democratic congressman charlie rangel is criticizing president obama for a lack of diversity in his cabinet nominations. here is charlie rangel's quote. it is embarrassing as hell. we were all this with mitt romney and we were very hard on mitt romney and bind
as a company boeing remains very profitable. it has about $20 billion on hand and 4200 airplanes on back order but, it could be facing some labor problems as well. negotiations with its engineers have stalled and a strike vote we are told could come as early as next week, bill? bill: dan, something to watch. the hearing continues or rather the statement continues in washington. dan spring in seattle. a bit more context on boeing and its dreamliner. more than 800 are on order by 58 customers....
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lots of issues for boeing this week. today we heard of cracked glass as well as another oil leak. they are looking into the issue. they will launch an investigation. you know, they would fly on the plane and you would think they would fly higher on that. back to you. dagen: thank you. it was secretary of transportation. he said he would have no reservations boarding a plane and taking a flight right now. it does speak to these officials trying to reiterate the safety of these planes. connell: another thing we are keeping a very close eye on is the videogame industry. dagen: monica crowley is a syndicated radio host, fox news contributor, what you have to say? there is room for compromise between republicans and democrats. >> the new town massacre was so particularly horrific. i think when they are talking about a national database, i think you will get a lot of pushback from conservatives on that issue. if you want to go purchase a gun, your name will be entered into a national database. we will have to see what comes out of this at the end. one of the reasons this is such a compl
lots of issues for boeing this week. today we heard of cracked glass as well as another oil leak. they are looking into the issue. they will launch an investigation. you know, they would fly on the plane and you would think they would fly higher on that. back to you. dagen: thank you. it was secretary of transportation. he said he would have no reservations boarding a plane and taking a flight right now. it does speak to these officials trying to reiterate the safety of these planes. connell:...
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. >>> mechanical problems keep rolling in for boeing's 787 dreamliner. >> more like a nightmare. three of boeing's brand new planes suffered a slue of issues. >> fire and leaking fuel. >> error message related to the plane's braking system. >> all these little glitches that boeing says they are, or is there something else that's happening? >> reporter: nope. boeing says just growing pains. but airlines are growing impatient. >> they have a quality problem. and this quality problem should be resolved. >> reporter: speaking of problems. >> wow, i tell you quarterbacks, you get all the good-looking women. what a beautiful woman. >> wow! >> whoa! >> reporter: that's legendary sportscaster brent musberger oozing over the 23-year-old girlfriend of the alabama quarterback. >> musberger, chill out, baby. >> some thought it was creepy, but not the beautiful woman herself. >> the fact that he said we were beautiful and gorgeous, i don't see why any woman wouldn't be flattered by that. >> reporter: while we're talking sports, this year's hall of famers for baseball are -- no one. well, thre
. >>> mechanical problems keep rolling in for boeing's 787 dreamliner. >> more like a nightmare. three of boeing's brand new planes suffered a slue of issues. >> fire and leaking fuel. >> error message related to the plane's braking system. >> all these little glitches that boeing says they are, or is there something else that's happening? >> reporter: nope. boeing says just growing pains. but airlines are growing impatient. >> they have a quality...
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the 787 is boeing's latest model and made its commercial debut in 2011. people at boeing say they sold about 50 of the planes to eight airlines. >>> the indian military says two soldiers have been killed and one injured in a gunfight in the disputed territory of kashmir between india and pakistan. an indian army spokesperson says the shooting started when indian soldiers on patrol spotted pakistani troops on the indian side of the line of control. pakistani military officials deny the indian allegation that the firing was unprovoked. a gunfight also occurred in kashmir on sunday. one pakistani soldier died, and another was injured. india and pakistan have gone to war three times since their independence in 1947. analysts say the latest incidents may have a negative impact on the comprehensive talks for better relations that resumed in 2011. >>> students at a university in north korea got a surprise visitor. google chairman eric schmidt. they showed him how they look for information online, by googling it. schmidt visited kim il sung university in pyongyan
the 787 is boeing's latest model and made its commercial debut in 2011. people at boeing say they sold about 50 of the planes to eight airlines. >>> the indian military says two soldiers have been killed and one injured in a gunfight in the disputed territory of kashmir between india and pakistan. an indian army spokesperson says the shooting started when indian soldiers on patrol spotted pakistani troops on the indian side of the line of control. pakistani military officials deny the...
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long term boeing will work this out. the 787 will likely go on to be one of the most successful aircraft ever. i think we'll have more of these issues and because media scrutiny is here it will be tough for boeing. ashley: are these type of issues typical for new aircraft, teething problems because boeing is under the microscope? >> they are. these issues are normal but the only problem boeing has had issues, if taken to their full compression could have been catastrophic. a fire, fuel leaks, uncontained engine failures. they have used up a lot of goodwill if you will and so now with media scrutiny upon us it will be more and more difficult and the fact that, you know, there are, you know, this is a unique airplane in the way it is built and the fact it is one of the biggest changes is that it is the most electric aircraft ever built --. ashley: that's right. >> the fact that we're having electrical issues and electrical issues are very difficult to troubleshoot and hunt down, will make this harder i think than previous
long term boeing will work this out. the 787 will likely go on to be one of the most successful aircraft ever. i think we'll have more of these issues and because media scrutiny is here it will be tough for boeing. ashley: are these type of issues typical for new aircraft, teething problems because boeing is under the microscope? >> they are. these issues are normal but the only problem boeing has had issues, if taken to their full compression could have been catastrophic. a fire, fuel...
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has to renegotiate with boeing. it is reported that boeing bid they bid very competitively to get that contract. do you think we're in a good position to maintain such a competitive price or is boeing going to walk out in a better position perhaps not losing money on the contract anymore. there are some areas that it is going to be bad for d.o.d. if they have to receiver -- sequester these accounts. >> so the short term is on them. probably be a severe cut back in training and that sort of thing? >> some of the options you have to look at if you have live fire training exercises scheduled for the remainder of the year you can delay it to the next fiscal year. if you have major main tins of systems that you were set to begin you can delay that into the beginning of the next fiscal year. you can do a lot of delaying and you can get away with that perhaps in one year. but now you have a backlog building next year. if think stays in effect you have less funding the year after that so the backlog starts to build. it will
has to renegotiate with boeing. it is reported that boeing bid they bid very competitively to get that contract. do you think we're in a good position to maintain such a competitive price or is boeing going to walk out in a better position perhaps not losing money on the contract anymore. there are some areas that it is going to be bad for d.o.d. if they have to receiver -- sequester these accounts. >> so the short term is on them. probably be a severe cut back in training and that sort...
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so the faa is responding to that series of technical setbacks to the boeing 787 dream liner. what are they looking for? >> alex, the dream liner debuted in 2011. and with it debut it was wrought with problems. right now the faa is looking at all aspects of this 787, but mostly the electronic cal component of it. now when they opened up the investigation boeing said they were happy to have them look at these flights. but this came just after this week where three different planes were grounded because of all these different problems. now, when this news broke, boeing was fine with it but the investors were really actually very jittery. the stock dropped about 5% which equalled about $3 billion in losses. >> that is a big loss. what about this new survey which says about a third of universities expect to either decline or grow slower than inflation when it comes to tuition. does that mean parents should start celebrating this? >> parents should start celebrating just yet. really what's going on is that the desire to go to a four-year college is starting to drop. and rightly so.
so the faa is responding to that series of technical setbacks to the boeing 787 dream liner. what are they looking for? >> alex, the dream liner debuted in 2011. and with it debut it was wrought with problems. right now the faa is looking at all aspects of this 787, but mostly the electronic cal component of it. now when they opened up the investigation boeing said they were happy to have them look at these flights. but this came just after this week where three different planes were...
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it's a humiliating setback for boeing. we get the latest from correspondent tom costello. >> reporter: in san jose friday, the newest 787 dreamliner entered service for japan's nippon airways, the same airline which the same day also reported one of its 787s had developed a crack on a cockpit window. the latest in a string of embarrassments for boeing's state-of-the-art aircraft. the faa says it will conduct a thorough review of its power, electrical and battery systems. >> through it we will look for the root causes of recent events and do everything we can to ensure these events don't happen again. >> reporter: the events have been mounting. on tuesday, a japan airlines 787 had to turn back to the gate after a fuel leak spilled 40 gallons onto the runway in boston. on monday, a fire in the belly of another japan airlines 787 was traced to an auxiliary power unit lithium battery pack. in december a united 787 made an emergency landing in new orleans with an electrical problem. also in december a qatar airways was grounded
it's a humiliating setback for boeing. we get the latest from correspondent tom costello. >> reporter: in san jose friday, the newest 787 dreamliner entered service for japan's nippon airways, the same airline which the same day also reported one of its 787s had developed a crack on a cockpit window. the latest in a string of embarrassments for boeing's state-of-the-art aircraft. the faa says it will conduct a thorough review of its power, electrical and battery systems. >> through...
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the federal aviation administration has ordered a review of the new boeing 787. this news comes after a fire ignited monday in an axillar power unit of an empty plane. the 787 dreamliner is the most advanced plane ever from boeing. >>> other top stories this morning, police are searching for a man who escaped the washington hospital in montgomery county wednesday night. investigators say he suffers from paranoia, suicidal and a history of violence. he's known to carry weapons. police say if you see him, do not approach him. >>> a veteran d.c. police officer accused of sexually assaulting an 11-year-old girl pleads not guilty. palmer was the director of a church choir in southeast washington at the time of the alleged abuse. according to a court affidavit, the woman accusing him says palmer abused her two years inside the church and other places in and around d.c. she said it started in 2004. the judge has palmer held pending a preliminary hearing tuesday. >>> the man accused of shooting into the pentagon and other military targets is scheduled to be sentenced tod
the federal aviation administration has ordered a review of the new boeing 787. this news comes after a fire ignited monday in an axillar power unit of an empty plane. the 787 dreamliner is the most advanced plane ever from boeing. >>> other top stories this morning, police are searching for a man who escaped the washington hospital in montgomery county wednesday night. investigators say he suffers from paranoia, suicidal and a history of violence. he's known to carry weapons. police...
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the chairman from boeing likes to say, every time a boeing plane land somewhere in the world, there are 11,000 suppliers landing as well. we want to get the risk down, the certainty up, and have a predictable stable highly competitive environment from which to go out and compete around the world and win. host: one thing we heard leading up to discussions late last year is that some type of certainty was needed from decisions made. did the people you represent find the certainty? guest: there is some of it. much is to be done because long-term overhang is still serious. nobody believes that our current spending course is sustainable. we have made promises that cannot be paid for. maybe not tomorrow or five years from now, but down the road changes need to be made. you're seeing this at the state level where governors and in both parties and legislative bodies are coming together. watch illinois right now, they are struggling with their pension debt, but at the national level we have not had the success yet that some of the states of had. host: looking at spending federally, what has to b
the chairman from boeing likes to say, every time a boeing plane land somewhere in the world, there are 11,000 suppliers landing as well. we want to get the risk down, the certainty up, and have a predictable stable highly competitive environment from which to go out and compete around the world and win. host: one thing we heard leading up to discussions late last year is that some type of certainty was needed from decisions made. did the people you represent find the certainty? guest: there is...
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boeing will have to continue to reassure the public and the airlines that have bought and ordered these planes that they are safe and reliable. analysts say every plane has what they call birthing issues that get ironed out by tweaking a design or changing some production. but a fire is always a major concern, and the 787 requires a lot more power to be generated onboard than any other plane ever made. so the electrical system is more heavily taxed and critical to the operation. boeing's stock is down slightly today, about 2.5% at last check, but the company as a whole is very profitable. sales are strong, they have $20 billion in cash on hand. but the 787 is a huge investment and may not break even for many years to come. and, of course, if they don't iron out these problems, a lot locker. jon: dan springer, thank you. jenna: the vice president is reaching out today to representatives of the video game industry for ideas on how to reduce gun violence. this is the day after he met with members of the nra. they were not very happy with the outcome or the tone of the meeting, the nra sayi
boeing will have to continue to reassure the public and the airlines that have bought and ordered these planes that they are safe and reliable. analysts say every plane has what they call birthing issues that get ironed out by tweaking a design or changing some production. but a fire is always a major concern, and the 787 requires a lot more power to be generated onboard than any other plane ever made. so the electrical system is more heavily taxed and critical to the operation. boeing's stock...
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eat fresh. . >>> slighter lower, boeing is down over 2% right now. wells fargo is down 1.6% after the bank reported mortgage lending showed the quarter even as it's revenue beat estimates, best by those up 12%. the struggling electronics retailer reported it's online revenue rose and united states sales improving. taking a like look the dow down 13, the nasdaq down 5, s and p down 3. >>> happening now the president and afghanistan president are meeting to discuss united states troops in afghanistan. they have yet to agree on how many united states troops are needed in afghanistan after the war ends. >> reporter: the war is scheduled to wrap up by the end of 2014. the united states does plan on having most if not all troops out of afghanistan by then. afghanistan president believes as many as 15,000 should stay behind after the war ends. he wants to ensure that al- qaeda is dismantled there and forces can run without help from the united states. he also has a military equipment wish list. he spent yesterday meeting pentagon leaders and asked for helic
eat fresh. . >>> slighter lower, boeing is down over 2% right now. wells fargo is down 1.6% after the bank reported mortgage lending showed the quarter even as it's revenue beat estimates, best by those up 12%. the struggling electronics retailer reported it's online revenue rose and united states sales improving. taking a like look the dow down 13, the nasdaq down 5, s and p down 3. >>> happening now the president and afghanistan president are meeting to discuss united states...
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. >>> the faa has ordered a co comprehensive review in boeing's 747 dreamliner after a fire and fuel leak happened on two of its jets. a body of a million dollar lottery winner who was poisoned after collecting his payout. now, back to "hardball." >>> welcome back to "hardball." the war in afghanistan, which we've been fighting now for over 11 years, has taken a huge toll. more than 2,000 americans have been killed, thousands more seriously wounded, severely wounded. it's cost us more than $500 billion so far. well, today after meeting with afghan president hamid karzai in the white house, president obama made it clear the war is ending, the american war. and it's ending sooner than was previously planned. let's listen. >> let me say it as plainly as i can, starting this spring, our troops will have a different mission, training, advising, assisting afghan forces. make no mistake, our path is clear, and we are moving forward. every day more afghans are stepping up and taking responsibility for their own security, and as they do, our troops will come home. and next year this long war
. >>> the faa has ordered a co comprehensive review in boeing's 747 dreamliner after a fire and fuel leak happened on two of its jets. a body of a million dollar lottery winner who was poisoned after collecting his payout. now, back to "hardball." >>> welcome back to "hardball." the war in afghanistan, which we've been fighting now for over 11 years, has taken a huge toll. more than 2,000 americans have been killed, thousands more seriously wounded,...